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6030 W Coast Hwy
Newport Beach, CA 92663

Newport Channel Inn · Hospitality Property For Sale · 9,200 SF

Investment Highlights

  • Outstanding Location Just Steps Away from White-Sand Beach
  • Desirable Market with High Barriers to Entry
  • Well Maintained Property, Shows Well
  • 31 Oversized Rooms with Full Amenities
  • Family Owned since 1972, First Time on Market

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.40 AC
Building Size 9,200 SF
No. Stories 2
Year Built 1962
Tenancy Single
Parking Ratio 3.15/1,000 SF
Corridor Exterior

About 6030 W Coast Hwy , Newport Beach, CA 92663

LOCATION LOCATION LOCATION... Steps to the sand in beautiful Newport Beach. 31 over-sized rooms with full amenities including 32" LG HDTV, micro/fridge, split system HVAC, granite vanity, solar, sundeck and more. Walk to beach, restaurants and shops and short drive to Balboa Peninsula, Fashion Island, Marinas and Piers. Nearby park ideal for children. Located on Pacific Coast Highway, the Inn is less than 10 miles to John Wayne Airport and minutes away from SR 55 and 73 and Interstate 405. Family owned since 1972 now retiring. First time on the market. Rare opportunity to own small hotel in highly desirable beach community with extreme barriers to entry. Consistent Room Revenue history with room to improve. Ideal for investor or owner/operator, includes one bedroom Manager's Apartment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
045-114-16
Land Assessment
$7,907,332
Improvements Assessment
$249,383
Total Assessment
$8,156,715

zoning

Zoning Code H
H
  • Listing ID: 16107798

  • Date on Market: 5/20/2019

  • Last Updated:

  • Address: 6030 W Coast Hwy, Newport Beach, CA 92663

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